Realtor.com®’s 2021 housing forecast predicts record-high prices will continue rising in 2021 the market, delivering a blow to first-time buyers and those on a budget. Mortgage interest rates, which hit historic lows this year and helped fuel the go-go growth in U.S. housing markets, are also expected to tick up again, making monthly housing payments […]
Self-Employed and Applying for a Mortgage?
The gig economy has blown up in the past few years, with more and more people choosing to work as freelancers, either by starting their own businesses, or by picking up non-salaried jobs from bigger companies. According to the Freelancers Union, over 50 million Americans worked this year as freelancers, a number that represents roughly 35% […]
Existing Home Sales Continue to Soar
The numbers: Existing-home sales increased for the fourth consecutive month in September, as the U.S. housing market benefitted from low interest rates. Total existing-home sales rose 9.4% from August to a seasonally-adjusted, annual rate of 6.54 million, the National Association of Realtors reported Thursday. Compared with a year ago, home sales were up nearly 21%. “Home sales […]